Tories put carbon tax plans on the table
George Osborne to outline Conservative plans to increase green taxes
Shadow chancellor George
Osborne will outline the Conservative’s specific green tax policy
at the CBI conference today.
The Conservatives believe the government currently raises £700m annually from
its climate change levy, which taxes companies for the energy they use. Osborne,
however, will argue that this is far too low, even though he has yet to put a
fix3ed figure on what the charge should be.
Osborne’s commitment to increasing carbon emission taxes is the latest
challenge to Gordon Brown’s green policy. Brown is expected to use his
pre-budget report to raise air-taxes and gas-guzzling vehicles.